9 Apr 2024 4/9/2024 – Appraisals vs. Sales Price Every spring, we see the same thing: higher prices and some appraisal issues. We just closed on a buyer who purchased a house listed aggressively at $1.595 million and sold for $1.65 million! There were very few comparable sales that supported the 1.595 price and none that supported the 1.65 mil. The appraisal came in […] Share on Facebook Share on Twitter
4 Apr 2024 4/4/2024 – What’s A Trust Loan? What is a Trust Loan, and why would a buyer want to take one out? Assume you have a client whose parents passed away and left the property to the kids in their Trust. The home is worth $1,000,000.00, and one sibling wants to keep it and live in it, and the others want their […] Share on Facebook Share on Twitter
2 Apr 2024 4/2/24 – USDA Loans in Valencia!!! USDA Loans are becoming useful again now that we are building West of the 5 Freeway again in Valencia. For now, the whole Five Point Area is in the USDA loan area, so get it while it’s available. If you remember, much of Castaic and even Stevenson Ranch were in USDA lendable areas not so […] Share on Facebook Share on Twitter
28 Mar 2024 3/28/24 – A solution to some of our condo is... I have a problem, and if I share it with you, we could solve this little conundrum together! It’s not about me but about condos in general! See, I like to be perfect and never overpromise, but I have this investor who doesn’t seem to care about the naughty list and “sometimes” will fund loans […] Share on Facebook Share on Twitter
26 Mar 2024 3/26/2024 – Call me before you list a proper... We get quite a few buyers who are buying out of state or out of the area every month, and often, these buyers have challenges they don’t think of until it is too late. So, how can you prepare a client who still lives and works locally to buy out of state? There is a […] Share on Facebook Share on Twitter